A Risk-Averse Person Has a Utility Function That,with Income on the Horizontal

Multiple Choice

A risk-averse person has a utility function that,with income on the horizontal axis and utility on the vertical axis,as income increases:

A) is a horizontal line.
B) is a vertical line.
C) has constant, positive slope.
D) is increasing at a decreasing rate.
E) is increasing at an increasing rate.